Futures & Options On RTS Stock Exchange Market Will Be Open From 10:30 To 18:45 From January 8th, 2003

On its December 24th, 2002, meeting the RTS Board of Directors decided to extend FORTS trading session by 15 minutes.

The proposal to prolong the session was put on the agenda upon FORTS Clearing members' request.

Thus, as of January 8th, 2003, FORTS (Futures & Options on RTS) market will be open from 10:30 to 18:45 Moscow time.